Services Sector Wrap

Lithia Motors (LAD) rose 7.6% to close at $26.91, cross its 50-day moving average of $25.62 and 200-day moving average of $22.98. LodgeNet Interactive (LNET) declined 37% to close at $2.76, moving below its 50-day moving average of $3.63 and 200-day moving average of $2.97.

Barrett Business Services (NCMI) fell 3.5% to close at $19.64, moving closer to its 50-day moving average of $19.46. Also, the stock moved closer to its 200-day moving average of $13.99. Winmark Corporation (WINA) rose 4.6% to close at $54.31, approaching its 50-day moving average of $56.02. It has also moved closer to its 200-day moving average of $56.25.

GNC Holdings (GNC) was a major gainer in the sector, rising 12.4% (+$4.41) to close at $39.89 with 5.1 million shares moving. The stock traded in a range of $37.92 to $40.82. Buffalo Wild Wings (BWLD) and Cabelas (CAB), in the same sector, also saw major gains today.

Scholastic (SCHL) was a major loser in the sector, falling 7.2% (-$2.41) to close at $31.06 with 1.3 million shares moving. The stock traded in a range of $30.99 to $32.49. The share price has been falling in the last month, down $6.12 (-16.5%) from $37.18 on March 26, 2012.